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Morningstar MORN Return on equity

Return on equity at other companies

S&P Global logo
S&P GlobalSPGI
14.8%+3.1pp
FactSet Research Systems logo
FactSet Research SystemsFDS
28.1%0.0pp
Moody's logo
Moody'sMCO
74.5%+16.6pp
Blackrock logo
BlackrockBLK
11.9%-2.4pp
Equitable Holdings logo
Equitable HoldingsEQH
Corebridge Financial logo
Corebridge FinancialCRBG

Other financials

Income statement

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Revenue$644.8M+10.8%
Gross profit$405.9M+15.8%
Operating income$155.9M+36.6%
Net income$107.1M+36.4%
EPS (diluted)$2.73+50.0%

Balance sheet

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Cash & equivalents$492.8M-3.7%
Total debt$1.9B+91.9%
Total equity$1.0B-36.7%
Total assets$4.0B+11.2%

Cash flow

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Operating cash flow$91.5M+0.5%
CapEx$37.9M+17.7%
Free cash flow$53.6M-8.8%

Valuation

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Market cap$5.84B-49.2%
Enterprise value$7.28B-40.4%
P/E14.5×-15.5×
P/S2.3×-2.6×

Profitability

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Gross margin61.7%+1.0pp
Operating margin22.7%+0.8pp
Net margin16.1%-0.5pp
FCF margin17.4%-1.9pp

Returns & leverage

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Debt / equity1.9×+1.3×
Current ratio-0.1×

Where this comes from

Calculated from Morningstar’s reported figures.

Based on trailing twelve months.

The official record: Morningstar’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Morningstar's return on equity?
Morningstar (MORN) reported return on equity of 30.7% in Q1 2026.
How has Morningstar's return on equity changed year-over-year?
Morningstar's return on equity increased by 19.4% year-over-year, from 25.7% to 30.7%.
What is the long-term trend for Morningstar's return on equity?
Over 5 years (2020 to 2025), Morningstar's return on equity has grown at a 6.7% compound annual growth rate (CAGR), from 19.1% to 26.3%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.